
Cheap Homes for Rent near Paxton, IN from $400 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Paxton.


1103 Broadway St

2015 Washington Ave

626 E Curry Dr

1520 Main St

704 1/2 S Center St

1712 E Morgan Dr
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

415 N Section St

1268 E Dawn Dr

4276 S Kian St

1822 E Southern Manor Dr

207 Lincoln Dr

824 E Harris St

7452 IN-59
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Paxton, IN Local Guide

How much does it cost to rent a home in Paxton?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Paxton 2 Bedroom Homes for Rent | $935 | $499 | $1,300 |
| Paxton 3 Bedroom Homes for Rent | $1,403 | $1,225 | $1,600 |
| Paxton 4 Bedroom Homes for Rent | $1,833 | $1,700 | $2,100 |
| Paxton 5 Bedroom Homes for Rent | $2,550 | $2,550 | $2,550 |
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Paxton, IN Local Guide
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Cheapest Available Paxton Apartments for Rent and Nearby
 The cheapest available apartment rental in Paxton, IN is a 2 Beds unit found at River Valley Apartments in the Downtown Terre Haute neighborhood priced from $460. Springhill Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $550. Here is today’s list of the most affordable Paxton apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| River Valley Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $460 |
| Springhill Apartments | Efficiency - 1 Person | Studio,1BA | $550 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $550 |
| Arbors at Honey Creek | 2x2 | 2BR,2BA | $610 |
| Northwind | The Hickory | 1BR,1BA | $650 |
Best Value Apartments for Rent in Paxton, IN and Nearby
As of July 24, 2026 the best value apartment in the Paxton area is the $1.08 price per square foot 2 Bedroom 2 Bath Model at Center City Apartments in the in the Downtown Terre Haute neighborhood starting from $1,300. The second greatest value Paxton apartment is the 2x2 Model at Arbors at Honey Creek starting at $610 with a $0.57 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Paxton apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Center City Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $1.08 |
| Arbors at Honey Creek | 2x2 | 2BR,2BA | $0.57 |
| River Valley Apartments | 2 Bedroom 2 Bath | 2BR,2BA | $0.50 |
| THE GROVE AT FARRINGTON | 2 Bed 1 Bath | 2BR,1BA | $0.90 |
| The Annex of Terre Haute | 2 Bed 1 Bath | 2BR,1BA | $0.77 |
| Ashton Apartments | 1BR/1.5BA | 1BR,1.5BA | $0.97 |
| KINGSTON RIDGE APARTMENTS | 1 Bedroom 1 Bathroom - Apartment | 1BR,1BA | $1.08 |
| Harrison West | 1 Bedroom | 1BR,1BA | $1.08 |
| Sycamore Place | 2.1 C | 2BR,1BA | $0.80 |
| Union Pointe | 1 Bedroom | 1BR,2BA | $0.92 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Paxton
What type of rentals are currently available in Paxton?
There are currently 46 Apartments for Rent in Paxton, IN with pricing that ranges from $399 to $2,615. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Paxton ranging from $499 to $2,550.
What is the current price range for Rental Homes in Paxton?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Paxton ranges from $499 to $2,550 with an average monthly rent of $1,350.
How much are larger Three and Four Bedroom Rentals in Paxton?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Paxton range from $549 to $2,615, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,225 to $1,600. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $399.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.